To promote economic revitalization and community development through technical assistance awards to build the capacity of native community development financial institutions (CDFIS) and emerging…

Award Overview: The Community Development Financial Institutions Fund awarded a $200,000 Project Grant to Tatanka Ska Capital Corporation on September 30, 2025, under the Native Initiatives program (CFDA 21.012). This technical assistance award supports capacity building for Native Community Development Financial Institutions (CDFIs) and emerging CDFIs serving Native Communities nationwide.

Products and Services Delivered: The grant funds eligible technical assistance activities designed to strengthen organizational capacity, including personnel compensation and fringe benefits, professional service costs, travel, training and education, equipment, supplies, and incorporation costs for sponsoring entities. The technical assistance aims to enable Tatanka Ska Capital Corporation to enhance its ability to serve low-income individuals and communities across the nation that lack adequate access to affordable financial products and services. As a technical assistance award, the recipient must obligate these funds by September 30, 2027, consistent with program requirements for certified CDFI recipients. This grant is part of the Treasury Department's broader Native Initiatives portfolio, which has distributed $152.4 million across 266 awards since program inception in 2017 to promote economic revitalization and community development in Native Communities.

Activities

Technical assistance must be used for the following eligible activities subject to the applicable provisions of the uniform requirements: compensation - personal services, compensation - fringe benefits, professional service costs, travel costs, training and education costs, equipment, supplies, and incorporation costs (sponsoring entities only). End goals: the goal of the technical assistance is to build certified and emerging native cdfi's organizational capacity to serve eligible markets and/or their target markets, in order to serve low-income people and communities across the nation that lack adequate access to affordable financial products and financial services. Beneficiaries: profit organization, private nonprofit institution/organization (includes institutions of higher education and hospitals), native american organizations (includes indian groups, cooperatives, corporations, partnerships, associations). Subrecipients: there are no subrecipients for this program. Broadband: not applicable. Reason for modification: not applicable.